Thesis: After my ego calmed down from the 1st trades being chased, I was waiting for a consolidation breakout above the open. This consolidation was also perfectly set above prior day (Friday) high and recognised as one of many playbook trades that I have practiced.
Stop: Placed my stop-loss below the breakout candle.
Entry: I have entered position at the breakout close at 09:46:00. Perfect entry for me.
Targets: For the targets I was relying on recently identified levels and the tape reading. I had an intention to hold till the 1st move ending and then getting out.
Breakeven point: My stop was adjusted after the price has followed an uptrend and it was done to protect the position against shaky price action that was initially observed in the stock.
Comments: I really liked this trade and I wish it was the only one to be traded today on repeat.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2023-10-30 09:46:00 | NVDA | buy | $413.660 | long |
2023-10-30 09:48:08 | NVDA | sell | $416.230 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!